Macro Rates Investment Analyst / Assistant Portfolio Manager

About the role

This position sits within a leading UK asset manager's Fixed Income team, working directly with the Macro & Rates Portfolio Manager on a flagship Strategic Bond strategy. You will gain exposure to macro research, rates markets and portfolio management across developed‑market fixed income portfolios.

Key responsibilities

• Conduct macroeconomic and market research on developed‑market rates, inflation and fixed income markets.
• Generate investment ideas across duration, yield curves, government bonds and relative‑value opportunities.
• Support portfolio construction, implementation and ongoing management of Strategic Bond portfolios.
• Analyse portfolio positioning, risk exposures and performance attribution.
• Develop quantitative tools and analytical frameworks to aid investment decisions.
• Collaborate with traders, risk teams and other investment professionals to ensure efficient portfolio implementation.

Required profile

• 2‑4 years of experience in an asset‑management environment as an Investment Analyst, Macro Rates Analyst, Fixed Income Analyst, Assistant Portfolio Manager, Rates Strategist or Portfolio Analyst.
• Experience with developed‑market government bonds, macroeconomic research, portfolio construction or support, and fixed‑income risk analysis.
• Strong quantitative and analytical abilities; CFA qualification completed or in progress is a plus.

Required skills

• Python programming
• VBA or similar programming language